Swiggy shares tumble nearly 8 pc; hit 52 – week low as Q3 loss widens

Shares of food and grocery delivery major Swiggy on Thursday dropped nearly 8 per cent after the firm reported widening of consolidated loss to Rs 799.08 crore for the third quarter ended December 31, 2024.

The stock declined 7.43 per cent to Rs 387 — its 52-week low level — on the BSE.

At the NSE, it tanked 7.84 per cent to hit the 52-week low of Rs 385.25.

The company had incurred a net loss of Rs 574.38 crore in the year-ago period.